I just can't understand what their thinking is when it comes to the stimulus plan that's intended to put $800 billion worth of cash flow into the economy....
Why not give the money to the people and not to the banks? Assign each person (tax paying person) an account number (or tie it to their SSN). Then when the stimulus package is sent out, every person that receives notice that they are getting X amount of money back, then allow the people to only use the money to pay off debt - car payments, house payments, credit cards, student loans, ect...
All those payments go directly to the banks and on top of it, allow people to help dig themselves out of debt - it's a win-win situation. People get out of debt and banks recoup on outstanding loans...why is this so hard for the Government to understand. If you just funnel money into the banks, it still leaves the everyday tax paying person in the cold - especially the ones that have closed down business and lost homes or recently lost their jobs.
Then again, maybe my vision is skewed and I don't know enough about the situation and how it all really works....To me, it just seems cut and dried to me. You help the people, they turn around and help the banks.
Why the hell would the Government want to give banks bailout money when some of them comment on how they need the extra income to give bonuses to their high end employees? WTF???
I don't get any bonus for doing my day to day job. I get paid for the job I do and that's it. If I feel shafted because I feel I'm not getting paid enough, then I can pick up another job on the side or try to find a better paying job. If these damn fools at some of these banks think they can't live without their high paying bonuses....then you know what? Give me a few moments alone with each of these people and we'll see how much money they want to give back to the banks/people by the time I'm done with them. Yes, you read that right...I said give back.
This greedy, self-centered, egocentric, uncaring and disregard attitude that some of these people hold makes me sick. Yes, it's nice to better one's life for them and their family, but when it impacts the whole country in times like these....you sick f@#&! can roll over and die.
Log in to comment